Erickson Foundation Tr

Organization Overview

Erickson Foundation Tr is located in Parkersburg, WV. The organization was established in 1993. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Erickson Foundation Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Erickson Foundation Tr generated $195.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $187.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Erickson Foundation Tr has awarded 28 individual grants totaling $636,515. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ERICKSON FOUNDATION'S MAIN FOCUS IS EDUCATION IN WEST VIRGINIA'S HIGH SCHOOLS AND COLLEGES INCLUDING ATHLETIC PROGRAMS AND FACILIATES, AND ALUMNI CENTERS.


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Board, Officers & Key Employees

Name (title)Compensation
Kathy G Eddy
Trustee
$0
Laurie A Erickson
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $30,522
Net Rental Income$38,328
Net Gain on Sale of Assets $79,380
Capital Gain Net Income $79,380
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $13,109
Total Revenue $195,811

Grants Awarded

Over the last fiscal year, Erickson Foundation Tr has awarded $120,000 in support to 3 organizations.

Grant RecipientAmount

MARSHALL UNIVERSITY FOUNDATION

PURPOSE: UG EXPERIENTIAL LEARNING & RESEARCH

$35,000

WVU FOUNDATION - WEST VIRGINIA UNIV

PURPOSE: CANCER INSTITUTE MUSIC THERAPY

$35,000

WVUP AT PARKERSBURG FOUNDATION

PURPOSE: DISTINGUISHED FACULTY CHAIR

$50,000
View Grant Profile

Peer Organizations

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$129,918,982
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$54,766,872
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Huntington Foundation
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Manning Family Foundation
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$5,624,625
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$5,969,409
Carol Ann And Ralph V Haile Jr Foundation
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$1,725,731
Hamilton Family Charitable Trust
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$49,505,637
Seed The Dream Foundation
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De Beaumont Foundation Inc
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$10,438,308
Eugene B Casey Foundation
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$79,367,213
Lift A Life Foundation Inc
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Revada Foundation
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